Rate Shopping and Capacity Rates were high and capacity was tight in 2018. So much so, that shippers spent a lot of time and effort towards creating beneficial relationships with carriers. In the ever-shifting landscape of logistics, we all know that relationships can help both shippers...
Big news--181 CEOs of the largest corporations in the US just signed a new statement of corporate purpose, turning the old model of shareholder primacy on its head. For years, corporations have operated under Milton Friedman’s idea that “there is only one social responsibility of...
The time is always ripe to do right. ~Martin Luther King, Jr. A couple of weeks ago, Joe was on call. That means he answers the phone after hours, so nothing falls through the cracks. A driver called in to report that his load was being...
Did you think the summer road checks were over? Well think again because next week brings another--Commercial Vehicle Safety Alliance’s (CVSA) annual Operation Safe Driver Week. During this safety blitz, law enforcement officials will be promoting the message--Late Won't Kill You, Speeding Will! Speaking about the...
On Wednesday, I’ll be presenting at the first of the TCA’s Summer Profitability Seminars in Chicago, this one with a focus on taking control of and effectively using data. This will be an excellent opportunity for me to network, hear from carriers about what pain...
What happened to spring? Already it’s the middle of June, and while it’s been a little rainy, we are well into the summer vacation season. The city pool has been open for a few weeks, air conditioners hum behind houses, and you can’t take a...
A logistics company’s most important job is to collaborate. The ability to work with others and to bring the right folks together are what separate the great freight brokers from their merely good or adequate competitors. Collaboration is exactly what makes the third party logistics...
Shippers are pretty happy these days. Capacity has loosened up and this gives them a little bargaining power. It’s understandable, but perhaps shortsighted to start chasing after the lowest possible rates instead of working to build strong relationships with brokers and carriers who offer consistency...
How difficult is it to find qualified, fully-insured, reliable carriers; to negotiate reasonable rates, to generate the right paperwork while tracking your shipments from pick up to delivery? How hard is it to handle things like last-second dropped loads, or blown tires, snow storms, and...
“Trucking is the backbone of this nation,” said Mary Ann Hudson, executive vice president and managing director of Bibby Transportation Finance during a presentation at the Mid-American Trucking Show held in Louisville, KY, last week. FreightWaves reports on the Bibby Financial Services report that “sought...
